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Wednesday, March 21, 2012 6:30:25 AM
Aliso Viejo, CA- March 20, 2012
XsunX Business and Technology Update
Aliso Viejo, CA -March 20, 2012
Hello from the XsunX team,
In our last update we outlined how the CIGSolar™ system would soon begin to take on a new and more complete appearance as we began attaching the various load locks, in-feed systems, and other componentry. We are well underway with this process and we have added pictures and information to our CIGSolar project update page where you can see the progress being made.
The pictures we provided this week look as if the system is beginning to grow in scale, yet the CIGSolar™ evaporation chamber is just over ten feet long making it small in comparison to many commercial thin film solar deposition systems. We have focused our process technology on highly manageable smaller area techniques that do not require enormous systems; however, we didn't sacrifice any production capabilities.
The CIGSolar™ evaporator chamber is designed to initially process nearly four million CIGS cells annually while still allowing for normal maintenance and customary yield rates. The system can be paired with multiple other CIGSolar evaporators to meet the demands of even the largest commercial production environment.
As a first build, there has been a lot of time spent on pre-assembly and testing that was necessary to verify that fit and function met our design requirements. While this added to the time necessary to assemble the system, these types of testing and verification procedures help to stream line and expedite future system builds.
We are now working to attach or install the balance of the major components necessary to prepare the system for testing of the vacuum and fully integrated material handling systems, control systems, and heating assemblies.
The CIGSolar™ system build has come a long way and we still have a lot of work to accomplish, but as is typical with building disruptive technologies, momentum has picked up so stay tuned and we will provide more updates as soon as possible.
Thanks again for your time, support, and interest. Have a great week.
XsunX Team
To learn more about XsunX's' breakthrough technology please visit http://www.xsunx.com , and follow us on Twitter and Facebook.
Safe Harbor Statement: Matters discussed in this shareholder newsletter contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this shareholder newsletter, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.
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